Boursa Kuwait indices open Monday mixed

Mubasher: The main index of Boursa Kuwait, the price index, started Monday’s trading session 0.47% or 29 points lower to reach 6,133.43 points.

By 9:25am Kuwait time, the weighted index also edged down 0.09%, while the Kuwait-15 index gained 0.04%.

The consumer services segment led decliners with 1.3%, dragged by Alrai Media which lost 11.5%.

Earlier on Monday, Alrai Media announced that it would sell its entire investment in Al Rai City Real Estate Company, a 100%-owned subsidiary.

Metal and Recycling was the top loser with a drop of 19.9%, while KAMCO Investment topped the winners with a gain of 14.7%.

Boursa Kuwait’s turnover amounted to nearly KWD 589,100 after 4.21 million shares were exchanged through 278 transactions.

Mabanee Co. posted the highest liquidity of around KWD 85,100.

Al Imtiaz was the most active stock on which nearly 405,000 shares were traded, reaching 160 fils.

Mubasher Contribution Time: 11-Dec-2017 06:51 (GMT)
Mubasher Last Update Time: 11-Dec-2017 06:51 (GMT)